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Women Get Top Jobs at Funds, Just Not the Ones That Manage Money

About 14% of fund managers are women. That’s the same as it was in 2000.

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Women Who Invest: VC Include CEO

Linda Zhang started managing money in 2003. At the time, a little more than 1 in 10 portfolio managers were women. Almost two decades later, that number has barely changed.

Women made up about 14% of the 25,000 portfolio managers globally that run fixed-income, equity, and asset-allocation mutual and exchange-traded funds as of Dec. 31, unchanged from 2000, according to Morningstar Inc. In the U.S., about 11% are female, a share that has held constant over the past decade and is down from 14% in 2000.